Tag: chargebacks
-
Top Sneaky Ways Most Banks Jack Up Your Merchant Processing Fees (Without You Ever Realizing It)
So you got pre-approved to accept online credit card orders and are considering the merchant processing fees in your contract. One payment processor is offering you 1.95% and the other is offering 3.95%. Which one should you choose? The first processing statement often comes as a shock to most merchants that start accepting credit card…
Written by
-
Machine Learning – The Best Defense Against Chargebacks
Machine learning has become an excellent line of defense for high-risk merchants tackling fraud and chargebacks. It was once reserved for the worlds of academia and supercomputing. Presently, its broad range of applications are gradually realized considering the operational costs of high-performance computing has decreased. This is particularly true in the payments world. Today, payment…
Written by
-
Visa Fraud Monitoring For High-Risk Merchants – How At-Risk Are You?
Visa fraud monitoring can make or break your business. So can chargebacks from Visa card users. You will face fines and even lose the ability to process Visa credit card transactions if fraud and chargeback levels are not below the required Visa thresholds. So, how does Visa keep track of its business customers like you…
Written by
-
Fraud Can Kill your Holiday Shopping Season. How To Protect Your Q4 Revenues
The largest shopping season is during the holiday months of October to December. In fact, several retail studies indicate that 2018 Black Friday and Cyber Monday sales are expected to break records this year. It’s also the time for a high number of ecommerce fraud claims and compliance issues. This, in turn, affects the viability…
Written by
-
High-Risk Merchants Benefit From New Chargeback Disputes
It’s no surprise that many high-risk merchants face a constant stream of chargeback disputes throughout the lifetime of their online business. High-risk merchant account owners know this is based on customer behavior, not actual business practices. However, recent changes made to Visa’s Visa Claims Resolution (VCR) make it simpler to deal with credit card fraud. …
Written by